Royal London dismisses fears of AE exodus after April contribution hike
More generous tax system
The approaching increase in automatic enrolment (AE) contributions this April is "highly unlikely" to lead to large numbers of people giving up saving into a workplace pension, Royal London has said.
The pension provider's new policy paper What will be the impact of the April 2019 step-up in AE contribution rates? concluded that, despite the upcoming hike in employee contribution rates, the impact...
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